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Property profile & analytics
OFF-MARKET Estimated value $17,680,000
Distribution centers

4333 Ft St Detroit, MI 48209-3221

342,272 SF 16.48 ac lot Built 1998
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US43-0355140
Property summary
AI-generated overview

This exceptional 360,503-square-foot warehouse, located at 4333 W Fort St in Detroit, Michigan, presents a significant opportunity for industrial users. Built in 1999, the single-tenant property sits on a substantial 16.47-acre lot in Wayne County, offering ample space for operations and expansion. The building boasts a 27-foot ceiling height, providing significant vertical storage capacity. Access is facilitated by 24 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading of goods. The entire 360,503 square feet is currently vacant, making it perfect for a business seeking a large, ready-to-occupy space. Its location in South Detroit offers convenient access to major transportation routes, enhancing logistical efficiency. This well-maintained property represents a rare opportunity to acquire a large-scale warehouse in a prime industrial location. The property's size, features, and location make it an attractive option for various industrial businesses seeking significant space and operational flexibility. The ample acreage also allows for future expansion or additional development. This is a turnkey solution for businesses needing immediate occupancy in a strategic Detroit location.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1998
Total area 342,272 SF
Lot 16.48 ac (717,869 SF)
Zoning code M4
APN 14000036-8
UPID US43-0355140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Xenith (Bike/Boat/Book/etc) Store
  • Renaissance Global Logistics Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.92M
Blend (final) Blend
$17.68M
Owner & transaction history
Jlk Real Estate Holdings LLC · 13 yrs held
Jlk Real Estate Holdings LLC
since 2012
1 recorded transaction
2012
$6.0M
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4) M4 Intensive Industrial District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec…

Zone name Intensive Industrial District
General category INDUSTRIAL
Zone area 7,991.56 ac
Source code of ordinances
Top alternative use upside
Neighborhood: shopping center $25.9M +135.2%
Medical building $21.6M +95.6%
Office building $21.1M +91.4%
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